Maybe so, but at the end of the day we're all here to make money, and preferably we don't want to wait till the end of time.
If, like in 2016, interest rate hikes are deferred, month after month, and gold spikes upwards $300 then that's a link that goes into the memory bank.
If Gold tumbles $300 like it did in the run up to the Dec 2015 hike, or the significant falls around the Dec 2016 hike then that's something you remember. These events become part of your decision making process going forward.
It's either that or Charting....these are the crutches upon which we trade.
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